Aqua Power Systems Inc (APSI)

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They’re going to have to really pump it to get the PPS up and I don’t see any signs of them doing that. They haven’t put a PR out since March. I think the offering will come out at about .06 for 3 shares. The dilution will be a killer, then he’ll RS it back to 15 million shares or so. We’ll see. I would like to see a lawsuit, based on Carnes’s claims that Tradition had a net profit of 5 million dollars last year. From the looks of the latest Q’s, I’d guess they probably lost over 5 million last year.